THE IRISH AMERICAN PARTNERSHIP INC

EIN: 222801642 501(c)(3) International Affairs

BOSTON, MA

Total Revenue
$4,872,799
Total Expenses
$4,853,300
Total Assets
$15,245,570
Net Assets
$15,078,197
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
DE
Principal Officer
MARY SUGRUE
Phone
6177232707
Tax Period
2024-01-01 to 2024-12-31

THE IRISH AMERICAN PARTNERSHIP INC, founded in 1986, is a community nonprofit in the International Affairs sector that reported $4.9M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Net assets of $15.1M represent 37 months of operating reserves.

Mission

TO ORGANIZE IRISH AMERICA ON BEHALF OF IT'S IRISH HERITAGE TO SUPPORT EDUCATION PROGRAMS, CROSS-COMMUNITY PROGRAMS, AND JOB CREATION PROGRAMS IN IRELAND AND NORTHERN IRELAND, AND TO PROVIDE SPEAKING AND INTERACTIVE FORUMS IN THE UNITED STATES FOR VISITING LEADERS FROM IRELAND AND NORTHERN IRELAND.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,968,852
Program Service Revenue $0
Investment Income $699,444
Other Revenue $204,503
TOTAL REVENUE $4,872,799

Expense Breakdown

Grants Paid $3,379,975
Salaries & Benefits $848,885
Fundraising Expenses $116,839
Program Expenses $4,625,532
Other Expenses $624,440
TOTAL EXPENSES $4,853,300

Year-over-Year Comparison

2024 2023 Change
Revenue $4,872,799 $3,806,655 +0.3%
Expenses $4,853,300 $3,932,933 +0.2%
Net Income $19,499 $-126,278 -1.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Governance

Voting Members
15
Independent Members
14
Employees
6
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$384,000
Total Directors
15
$384,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY SUGRUE PRESIDENT & CEO 40.00
Officer Director
$384,000 $0 $384,000
MICHAEL T CLUNE CHAIRMAN 5.00
Director
$0 $0 $0
THOMAS LEONARD ESQ DIRECTOR 5.00
Director
$0 $0 $0
NIALL POWER SMITH DIRECTOR 5.00
Director
$0 $0 $0
JIM KELLIHER DIRECTOR 5.00
Director
$0 $0 $0
SIR BRUCE ROBINSON DIRECTOR 5.00
Director
$0 $0 $0
DAVID GREANEY DIRECTOR 5.00
Director
$0 $0 $0
DONAL O'BRIEN ESQ DIRECTOR 5.00
Director
$0 $0 $0
DESSIE FARRELL DIRECTOR 5.00
Director
$0 $0 $0
REGINA SULLIVAN DIRECTOR 5.00
Director
$0 $0 $0
MICHAEL KILBANE DIRECTOR 5.00
Director
$0 $0 $0
LORNA MARTYN DIRECTOR 5.00
Director
$0 $0 $0
KATHLEEN O'TOOLE DIRECTOR 5.00
Director
$0 $0 $0
MAUREEN PACE DIRECTOR 5.00
Director
$0 $0 $0
BRIAN RUANE DIRECTOR 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $4,872,799 $4,853,300 $15,245,570 $19,499
2023 $3,806,655 $3,932,933 $14,796,711 $-126,278
2022 $635,174 $2,439,519 $14,330,031 $-1,804,345
2021 $2,831,135 $2,349,675 $16,997,169 $481,460
2020 $17,732,306 $1,958,845 $16,578,046 $15,773,461
2019 $1,649,833 $1,723,128 $961,900 $-73,295
2018 $1,537,963 $1,635,222 $1,048,564 $-97,259
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